Corporate investors are leaning into the ways they are different from VC investors and reaping the benefit in a tricky investment climate.
Month: June 2024
Deutsche Telekom-backed DTCP raises $450m for two funds
Deutsche Telekom’s VC spinout’s third growth fund closed at $330m while DTCP and Porsche-backed Incharge Capital reached a $120m first close.
Gonçalves to head up EDP Ventures
GCV Emerging Leader Frederico Gonçalves is now partner and managing director of the CVC arm, following former head Luís Manuel’s departure.
Associated British Ports launches energy startup accelerator
VC firm Plug and Play is partnering with the ports operator on the initiative.
Humanoid robot startups attract corporate investment
Humanoid robots have gone from theory to reality thanks to advances in AI and falls in component costs — and corporate investors are interested.
Telstra Ventures rebrands to Titanium Ventures
The Australian telecom firm’s VC affiliate changed its name to reflect its independent identity since spinning out in 2018.
Cunha-Gomes leaves SoftBank’s UK CVC arm
Neil Cunha-Gomes will leave his head of EMEA fintech and digital assets role at SoftBank Investment Advisers.
Emasa Ventures ceases operations
The Chilean auto parts manufacturer has shut down its $20m startup investment subsidiary and its Emasa Mobility Hub after three years.
Sustainability, spacetech and fusion: meet the startups showcasing at the GCV Symposium
Sustainable spacetech, bioplastics made from seaweed and affordable fusion. Meet the exciting and innovative startups showcasing at the GCV Symposium 2024.
Cochand joins SEI Ventures
Alex Cochand, who helped Avios launch its startup investment programme in 2017, has returned to CVC through a director role at SEI Ventures.
Zendesk launches fund to back AI customer service startups
Zendesk Ventures will target startups developing AI technology that can be used with its corporate parent’s customer service platform, from seed onwards.
Intel Capital’s Lian moves to Dell Technologies Capital
GCV Rising Star Elana Lian has left her investment director role at Intel Capital and joined Dell Technologies Capital as a partner.
37 new names join GCV Powerlist
The 2024 Powerlist reflects three big trends in corporate investment: a big focus on AI, the global spread of CVC and increasing longevity for the profession.
Powerlist 2024: Jim Adler
Jim Adler, general partner at Toyota Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.